Filed June 6, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,756 | $91,037-69.5% | $71,671-61.3% | $147,584-81.2% |
| Participation rate | 100.0% | 76.1%+23.9pp | 68.7%+31.3pp | 82.8%+17.2pp |
| Annual return | 16.23% | 20.48%-4.2pp | 20.65%-4.4pp | 578.55%-562.3pp |
| Employer contribution / active EE | $857 | $3,327-74.3% | $2,460-65.2% | $4,876-82.4% |
| Participant deferral / active EE | $987 | $4,498-78.0% | $3,438-71.3% | $5,439-81.8% |
| Admin fee / account holder | $1,740 | $8,613-79.8% | $5,558-68.7% | $10,885-84.0% |